Memberships are Available
Your family can be part of the fun by purchasing from the club a bond (a one time fee) and paying membership dues on a yearly basis. A Fair Blue bond costs $350 plus a one time processing fee of $10. As an alternative, there is an payment option for a three month period plus a $25 payment option. Lastly, a recent third option has been developed
for a limited number of new bondholders:
If a new member chooses this new option, payment towards the bond fee will be waived during the new member’s first year, while only being required to pay membership dues, maintenance fee and any assessment fee determined by the Board. During the next successive three years, the bond fee payments will be required as follows:
On or before May 1st of Year 2 – payment of $125
On or before May 1st of Year 3 – payment of $125
On or before May 1st of Year 4 – final payment of $100 + $25 administrative fee = $125
Once the bond payment is paid in full, the bond will be issued to the new bondholder. The bondholder may accelerate the payments of the bond fee at anytime during the payment period. Should a member decide to relinquish their membership anytime during this payment period, any payments towards the bond fee will be forfeited.
As a bondholder you are now a part owner of a 6+ acre swim club in Brandywine Hundred! Click here to download a Bond Application
and Membership Dues Form.
Annual Dues – Don't be Late
Our current annual membership dues are $250 for the bondholder and $50 for each associate member, age 1 or older on or before May 1st, of the current year. Associate members are immediate family of bondholder only or other persons permanently resident in his/her home. Any bondholder or associate who have reached their 65th birthday before May 1st are entitled to a ten percent (10%) discount on membership dues. Current bondholders are required to pay a maintenance fee of $75. The maintenance fee may fluctuate year to year. Annual membership dues are to be postmarked by May 1st of the current year. A $50.00 late payment fee will be assessed on payments postmarked after May 1st. A late fee of $100 will be assessed to dues not paid by opening day. No exceptions.
Your Bond is Valuable
Your bond is valuable, please keep it in a safe place. Bond values for bond numbers 0-1039 are $250, 1040-1700 are $300 and 1701 and higher are $350. Bonds may be transferred, by written request from the person in whose name the certificate was issued, to another adult within the original purchaser’s household for a fee of $25.
How to Relinquish Your Bond
If you decide to surrender your bond the $350 bond fee will be returned to you once that bond is re-sold to another family. To cancel a membership the bondholder must relinquish their bond by mailing a letter of relinquishment and their bond to 2005 Fair Blue Lane, Wilmington, DE 19810 (att: Membership Director). E-mail relinquishments will be accepted because they do not provide a valid signature. Bond relinquishments must be postmarked by April 15th of the current season or the bondholder will be liable to pay the annual dues and maintenance fee of $325.